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There’s an article in today’s Guardian newspaper about someone who lost around £300,000 on crypto. They put money into a scheme that purportedly used AI to arbitrage using the price differences between different exchanges to earn 1% per day. They got tempted into increasing their modest initial investment up to £10,000. Then the scammers said if they invested another £100,000 they would receive a valuable (airdropped) token. Then - whoops - that amount was actually £200,000. After paying all that money, the victim discovered they can’t actually withdraw anything. And then - a few months later - the victim gets contacted by someone who says they can recover the original money in return for a £40,000 fee. Needless to say, the scammer then ran off with that as well. Just astonishing.
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# ? Oct 10, 2023 12:45 |
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# ? May 29, 2024 10:16 |
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How does someone that stupid get that much money?
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# ? Oct 10, 2023 12:54 |
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https://twitter.com/davidzmorris/status/1711704062645682442
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# ? Oct 10, 2023 13:00 |
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Lammasu posted:How does someone that stupid get that much money? are you new to earth
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# ? Oct 10, 2023 13:13 |
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Lammasu posted:How does someone that stupid get that much money?
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# ? Oct 10, 2023 14:47 |
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Collateral Damage posted:They're perfectly qualified for upper management. https://www.theguardian.com/money/2023/oct/10/crypto-scam-finance-boss-fraudsters-savings quote:A senior manager at a UK investment firm has told how he was conned out of his £300,000 life savings by cryptocurrency scammers. Also lol... quote:By July he had lost more than £300,000, some of which (about £60,000) was money he raised by borrowing on his mortgage, with a further £20,000 obtained via a loan from work which he intends to pay back over the next couple of years.
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# ? Oct 10, 2023 14:54 |
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What the article doesn’t go into, but needs to, is how he got that last 40k. He'd already tapped his mortgage and his company. I want to talk to that person.
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# ? Oct 10, 2023 16:44 |
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Peanut Butler posted:are you new to earth He's just looking for the next 100x yolo investment. But he needs to add another 200k to unlock the investment opportunity.
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# ? Oct 10, 2023 18:16 |
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Lammasu posted:How does someone that stupid get that much money? Capitalism.
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# ? Oct 10, 2023 19:33 |
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Today in court:quote:
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# ? Oct 10, 2023 19:40 |
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SBF played the Prisoner's Dilemma with his closest friends and business partners, some of whom he was loving, and literally all of them immediately betrayed him. He has got to be one of the most terminally unlikable, uncharismaric people on the planet.
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# ? Oct 10, 2023 19:47 |
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There has to be an upside to cooperation in a Prisoner's Dilemma that makes both of them better off but given the breadth of SBF's criming there is only a race to plea out before he drags everyone down with him.
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# ? Oct 10, 2023 19:50 |
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"betray" is literally the winning move in prisoner's dilemma, and if you don't get that then maybe "crime elemental" is a bad career choice for you
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# ? Oct 10, 2023 19:51 |
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Neito posted:Capitalism. It's the UK. The answer is more likely fuedalism followed by inertia.
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# ? Oct 10, 2023 19:57 |
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Zero One posted:Today in court: 10 seconds is a long time. I wonder what was going on in that 10 seconds. Was she just sitting there with her mouth open staring at a bench? Was she nervously picking lint off her clothes? Was she pointing in a wide arc across the courtroom until landing on SBF?
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# ? Oct 10, 2023 20:00 |
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cruft posted:10 seconds is a long time. I wonder what was going on in that 10 seconds. Was she just sitting there with her mouth open staring at a bench? Was she nervously picking lint off her clothes? Was she pointing in a wide arc across the courtroom until landing on SBF? The other FTX person also took a long time to identify SBF. I have to assume that with a hair cut, suit, and several weeks of no shrimp he's barely recognisable.
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# ? Oct 10, 2023 20:04 |
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He keeps running around when people try to point to him. The legal loophole they don't want you to know!
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# ? Oct 10, 2023 20:07 |
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it's kind of like how you wouldn't recognize gallagher if he wasn't smashing watermelons and being racist, it's hard to tell that it's SBF if he's not committing a crime
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# ? Oct 10, 2023 20:07 |
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No, I do not see Sam Bankman Fried in this courtroom your honour! I see a sad, wretched husk of a man, cruelly robed of his god given right to crime!
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# ? Oct 10, 2023 20:09 |
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quote:Caroline Ellison testified about having an on-again, off-again romantic relationship with FTX founder Sam Bankman-Fried over the course of two years. She described Bankman-Fried as ambitious and interested in politics. Bankman-Fried said there was a 5% chance he would become president one day, Ellison testified.
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# ? Oct 10, 2023 20:16 |
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i mean if you roll a 20 that's a crit, right
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# ? Oct 10, 2023 20:18 |
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Judge: Do you see Mr. Bankman In the court today? Witness: No, I just see Clark Kent, Investigative journalist for the Daily Globe your honor. Judge: The defendant is asked to remove his glasses.
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# ? Oct 10, 2023 20:19 |
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Zero One posted:How modest. I mean the trial and conviction doesn’t change anything
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# ? Oct 10, 2023 20:23 |
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cruft posted:10 seconds is a long time. I wonder what was going on in that 10 seconds. Was she just sitting there with her mouth open staring at a bench? Was she nervously picking lint off her clothes? Was she pointing in a wide arc across the courtroom until landing on SBF? This is the SBF they were used to seeing: This is the SBF they saw: Sam has been hardened by long nights with no shrimp and no ability to publicly admit to crimes from sweet young boy to grizzled inmate.
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# ? Oct 10, 2023 21:36 |
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Zero One posted:How modest. thinking about those two loving and that "super breeders" article (USER WAS PUT ON PROBATION FOR THIS POST)
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# ? Oct 10, 2023 22:09 |
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Impossibly Perfect Sphere posted:
The worst power couple in anime club.
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# ? Oct 10, 2023 22:20 |
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Bitcoin: Debate mini-tournament, Discussion about the Fermi paradox, swing dancing
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# ? Oct 10, 2023 22:39 |
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cruft posted:Wait, sorry, congratulations on your purchase of a collectors item. In about 5 years, you'll be able to sell them to a crazy divorced man, living in a 1992 Corolla covered with stencil appliqués ranting about Ryan Cohen, and subsisting on canned beans. I thought Neil Breen ate canned tuna.
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# ? Oct 10, 2023 22:41 |
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Impossibly Perfect Sphere posted:
she reminds me of one half of this killer couple I just saw on some youtube crime vid: she helped her boyfriend kill his ex girlfriend.
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# ? Oct 10, 2023 22:46 |
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Who the hell is getting together to discuss poo poo like the Fermi Paradox? That sounds like college coursework.
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# ? Oct 10, 2023 22:48 |
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Impossibly Perfect Sphere posted:
They're both fine. Whatever. They're both clearly going for a look for a specific dating pool, and it seems to me that they both nailed it. Good on them: some people really struggle with this part of dating. I don't think who they're sleeping with or how they present themselves needs to even be part of the discussion, since there's so much other horrible and outlandish poo poo to focus on. Like, I dunno, a random number generator used to pretend you're insured for some amount.
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# ? Oct 10, 2023 23:02 |
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cruft posted:They're both fine. Whatever. They're both clearly going for a look for a specific dating pool, and it seems to me that they both nailed it. Good on them: some people really struggle with this part of dating. I disagree. Because these people were held up and presented as the most important innovators of the business world. And this is how they presented themselves.
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# ? Oct 11, 2023 01:23 |
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Impossibly Perfect Sphere posted:I disagree. Because these people were held up and presented as the most important innovators of the business world. And this is how they presented themselves. So what, you think he should've gotten a haircut and worn a suit?
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# ? Oct 11, 2023 01:39 |
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I think that it is totally unfair BS to judge someone based on their ancestry, genetic traits, or appearance. Hmm, wonder what Caroline Ellison thinks of that. quote:There’s a stereotype of racist people that they will assume any East Asian person speaks Chinese or something. I appreciate that HBD people are the exact opposite of that, and will make fun of you for saying something about ‘Indians’ without specifying province and caste because come on, the genetic differences there are massive. Wow, turns out this mega-rich wannabe intellectual is a eugenicist. Whodathunkit!
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# ? Oct 11, 2023 01:47 |
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SettingSun posted:Who the hell is getting together to discuss poo poo like the Fermi Paradox? That sounds like college coursework. this guy on their staff page lists himself as an alum
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# ? Oct 11, 2023 01:48 |
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they should be commended for taking the lunch money of a jock and cheerleader like tom brady and gisele like some Revenge of the Nerds reboot
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# ? Oct 11, 2023 01:49 |
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drk posted:this guy on their staff page lists himself as an alum you just told an AI to generate "the most insufferable gently caress", didn't you
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# ? Oct 11, 2023 01:57 |
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based on some of the stuff in michael lewis's book on sbf, i'm beginning to think that in addition to be a massive nerd con artist, he's also really loving stupid excerpt from matt levine: quote:And in fact it seems like Bankman-Fried, maybe more than anybody else I’ve ever heard of, really did think that way. In March 2022, Tyler Cowen asked him: this is what peak rationality looks like
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# ? Oct 11, 2023 02:24 |
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Ariong posted:I think that it is totally unfair BS to judge someone based on their ancestry, genetic traits, or appearance. See, this right here, this is a 100% justifiable, defensible, and dare I even say, noble, reason to hate on somebody.
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# ? Oct 11, 2023 02:42 |
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# ? May 29, 2024 10:16 |
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GhostofJohnMuir posted:based on some of the stuff in michael lewis's book on sbf, i'm beginning to think that in addition to be a massive nerd con artist, he's also really loving stupid I worked for Bloomberg for 6 years, never read Matt Levine once. Now I don't work there and I pay for a subscription mainly for his newsletters.
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# ? Oct 11, 2023 02:50 |